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Edisun to supply AI-driven data centers with power from Madrid solar plant
December 23, 2024 Madrid
European solar power producer Edisun Power plans to direct power from its 941MW Fuencarral solar power plant in Madrid to data centers in the region.The company noted that the additional electricity demand from artificial intelligence and the increasingly stringent European regulations for the...
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Mapfre sells 10MW facility in Madrid
February 23, 2024 Madrid
Spanish insurance firm Mapfre has sold its data center in Madrid. The company received advise on the sale-leaseback deal of its 10MW facility in Alcalá de Henares from CBRE’s Spanish unit. Paul Mortlock, senior director and head of European data center capital markets at CBRE, said, "CBRE's...
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Spanish insurer Mapfre looks for buyer of 8MW Madrid data center
July 13, 2023 Madrid
In anticipation of a potential sale-leaseback transaction, Spanish insurance company Mapfre is listing its data center for sale. According to Cinco Dias, the company has hired CBRE to find a buyer for the Tales de Mileto building in the Alcalá de Henares neighborhood of Madrid. Mapfre launched...
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Thor Equity launches Form8tion Data Centers
March 14, 2023 Madrid
Thor Equities has announced it has launched its own data center development company, named Form8tion data centers, which is reportedly now marketing Thor’s maiden project in Madrid, Spain, named ‘Madrid One’ campus. This facility will offer up to 100MW of capacity spanning 60,000 sqm (645,850 sq...
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Thor Acquires Coca-Cola Bottling Plant in Madrid For 100MW Data Center Development
November 02, 2022 Madrid
Thor Equities has announced the acquisition of a former Coca-Cola bottling plant in Madrid, Spain. The site is planned for a data center campus development. Swiss real estate investment company Stoneweg completed the sale on behalf of the Icona Capital Group to Thor. None of the companies...
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Stoneshield looking to Raise €300 million ($307.3m) to Fund 100MW Madrid Campus
July 25, 2022 Madrid
According to Cinco Dias, Spanish data center developer Xdata is looking to offload a stake in its company to help fund its 100MW Madrid data center campus development. The company has reportedly contacted CBRE and Morgan Stanley to seek an investor. Stoneshield established XData Properties in...
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